Legal & Regulatory

India Regulatory Brief: Maharashtra Government to Provide Online Services, Telcom Regulator upholds Net Neutrality, Hike in Gold and Silver Import Tariffs

Posted on by
Regulatory brief logo
Maharashtra Government to Provide 250 Services Online by August 2016

As per the Maharashtra Chief Minister Devendra Fadnavis, the state’s government will offer 250 services online by 15 August 2016. This is part of the campaign for Digital India and the state’s ambition to increase the ease of doing business through efficient digital governance. The online portal – ‘Aaple Sarkar’ – currently provides 150 online services. It will function as a platform where citizens can register complaints and send forth suggestions to the government.

Additionally, the Maharashtra government provides a single electronic window clearance system – prospective businesses will now require 26 permissions from a single electronic window instead of pursuing a 1 to 3 year process of gaining 76 permissions. Fadnavis further highlighted the state’s plans to set up start-up warehouses in partnership with the National Association of Software and Services Companies (NASSCOM). These initiatives seek to establish Maharashtra as a digital state by 2019.

Continue reading…

India Regulatory Brief: New Tariff Policy for Power Rates, Relaxation of Compliance Norms for Start-Ups

Posted on by
Regulatory brief logo
New Tariff Policy to Regulate Power Rates

The Indian government has approved new amendments to the National Tariff policy, 2005, which will tighten regulations on power tariffs and promote clean energy. Amendments to the tariff policy include the insertion of the word ‘necessarily’ in Section 61 of the Electricity Act 2003, empowering regulators to determine power rates at a utility level. The new regulations authorize customers to make use of smart meters to check power thefts and net metering. Additionally, they allow customers to interact with distribution companies and save money by switching off appliances during peak hours. Power companies can now expand their existing generation capacity to 100 percent and pass central taxes onto consumers. Other recommendations in the policy include promoting the use of renewable sources of energy and creating an environment enabling competition, efficiency and improvement in power supply.

Continue reading…

India Regulatory Brief: Regulatory Body for Medical Tourism, New Stringent Norms for Food Import

Posted on by
Regulatory brief logo
Regulatory, Accreditation and Marketing Sub-Committees to Oversee Medical Tourism

 The Minister of State (Independent Charge) for Tourism, Culture and Civil Aviation Mahesh Sharma has announced that sub-committees will be formed to oversee the regulation, accreditation and marketing of medical and wellness tourism. The announcement was made at the first meeting of the National Medical & Wellness Tourism Board, which has been established to provide effective, time-bound solutions to the health tourism sector.

Continue reading…

India Regulatory Brief: Stricter Emission Norms by 2020, Proposed Fee Hike for Pharmaceutical Products

Posted on by
Regulatory brief logo
India to Implement Stricter Emission Norms By 2020

After months of speculation, the Indian government announced that it will be advancing the implementation of BS-VI fuel emission norms by four years to 2020. The government’s decision to skip the intermediary level of BS-V vehicular fuel norms will finally bring Indian fuel emission standards at par with the U.S., Japan and the EU, which follow Euro Stage VI emission norms.

Continue reading…

India Regulatory Brief: Commercial Dispute Resolution Eased, New Rules On Insider Trading

Posted on by

Regulatory brief logo

Key Reform Bills yet to be Passed, but Resolution of Commercial Disputes Made Easier

The turbulent winter session of Parliament ended on December 23 after considerable political deadlock, cross-party rhetoric and lack of legislative debate.

Continue reading…

India Regulatory Brief: Delhi Bans Luxury Diesel Vehicles, New Minimum Wage Considered

Posted on by

Regulatory brief logo

Supreme Court Bans Luxury Diesel Vehicles in Delhi to Combat Pollution

The Supreme Court of India has enforced a ban on the registration of diesel-run private cars with an engine capacity of 2000 cc or higher until 31 March 2016 to control air pollution in the capital Delhi. The order surpasses any other orders passed by the lower courts, including the National Green Tribunal (NGT). The decree explains that these high-end diesel-run SUVs are more prone to cause high levels of pollutions as compared to other types of vehicles.

Continue reading…

India Regulatory Brief: Delhi to Introduce New Environmental Laws, Authorities Issue Notice to Companies Without Women Directors

Posted on by

Regulatory brief logo

Delhi Authorities Announce Measures to Combat Air Pollution

The Delhi government announced a series of measures to curb pollution levels in the capital after the Delhi High Court made a statement about Delhi’s poor air quality. These measures include restrictions on plying of private vehicles, shutting down of a coal power plant and other measures, such as vacuum-cleaning roads.

Continue reading…

India Regulatory Brief: EPFO Relaxes PF Withdrawal Procedure, RBI Liberalizes Foreign Borrowing Norms

Posted on by

Regulatory brief logo

New EPF Regulation Changes Withdrawal Procedure

The Employees Provident Fund Organization (EPFO) has issued a circular informing that employees who are Aadhar-seeded Universal Account Number (UAN) holders will no longer need their employer’s approval in order to withdraw their Provident Fund. This will allow for fast settlement of claims as employees can submit claims in Form 19, Form 10c and Form 31 directly to the commissioner without their employer’s signature.

Continue reading…

Scroll to top